HomeMy WebLinkAbout2352 1S. It deisult bc made iu paYmeAt~ whea due, o[ rAr indebtedaes~ ~aured Acrebr~ or in perto~maace ot aar o! Mort-
6~y oWi~=tious, covcosaa or asceemmeub Sereuada:
(i) ~[ortaasee is sutlw~isad at sar time. witbout aotice. ia ia sok diuretion ~o oon~e~?e ehe ucuritp~ collect
~~r part thereof~ co pertorut anr ua l~tonaa~ deems necasar7? or ProPa
and receive all reub. itwa and p~otib thueof, iacludioa tho~e Pss~ due u well a~ ehan ucruiaa the~edter, and
(b) ~[ortsasee ~laU be a?titkd~ a a mstta oE suiCt ria6t and witlwut resard to the value o~ occupaacr of the ucurity.
to hsve a recaver appointed to enter upoa aad take potu~ion of the premises. coUect ti?e rents and pcofits theretmm and apply
the same as the court ma~ direct. ~ucA receiva to !?ave a11 the rishb and powuY permitted under the law~ of F{orida.
In ather such case Mortsasee or t6e receive~ aoar ala take poa~enioa oE, aad tor these purposa u~e~ an7 and aU penonal
P~P~+~ ~tained ia the prt~isa and u~ed br Mortaasot in the cental or leasina thereo[ or aay put thereo(. The e~cpetue
(iaciuding receiver's tea. eounsel tea, cwta and a~eat't aompcosation) uuurred puttieunt to t6e powers herein watained shall
be ucwed hereb7. Mortaasee shall (after parment oE all cotb utd expeata iacumd) apply such rents, iuua and profia received
tqr it oa the iadebtednes~ secured haebp ia suc6 ordu ~ Mortaasee detcriaiaa. T6e right' w eatu aad take poasasion of wid
pwpertp. w mana~e and oP~rate the sam0. and to ooileet the ceats, i~sua and proEib thaeof, whether bp a recaver or othe~wise,
sh+ll be cumulative to aa~ othu ri~ht or raned7 hereunder or dtorded bY law, aud ma~ be exerci~ wncu~rentl~ therewith
or independentl7 ehueof. Mortgagee :haU be liable to aocount onlp for such rents, iaua and profits utuallr.recaved by Mortsa6ee.
contraca o[
14. If the indebtednm secured hereby u now or heredtv [urther secured bf~ chattd mort8a~es. Pled6a.
guarauutp. assi6nmu?u of leases, or ot6er securities. or if the premisa herebp . eacumbered ooasists of more thaa one parcel.
Mo~a~ee tnay at ib option e~aust an7 one or mo~e o[ said ~ecuritia and the security hereunder. or such parceb oE ~be ~ecurity -
~eK~et, uther ooncurrcndp or iadependendr, and in ~uch order u it mar determine.
IS. No delar M Mo~csaaK u, uuc;s~na ~nr ~c or nm~ar b~nu~er, o~ otherwi~ afforded bp law, shall operate as a ~
waiver thcreoE o~ predude the exercue thereof dunas t6e continuance oE anr. detault 6ereunder. No wai~tr br Mortgagee o[ any
de[ault shaD constitute a waiver of er oan~nt~to subsequeat defaulq.
16. Without afiecting the WW7ih of an7 Penon( ot6er tLan any person released pursuaat hereco) foc papment oE any
iadebtednw xcured haebr~ and without a[tecting the prioritp or actmt oE the liai hereof upon an~ propert~ not :pecificallY
rel~ased punuant hereto. Mortgagce mar at ~r a+~ from tiiae to time, without notice and witl?out Umitation any
f11E0 ANO RECOR~~ ~
legal righc or privikge of Mortgagee: ST.lUC1E COUNTY
(a) Rekase any Pas~n liable tor paymeat of anq indebtedneas secu~ed berebY. ROGER P017RAS
aK c?RCU~t cavaT
(b) Ti~ctead the time or agree to alter the terans of pa7rment of any oi the iadebtednas. RECORD VEa~f1E0.~~~'
~c~ wc«pc ~aiao,wt ~cr ot ~r ~ind. ~~3 ~ 16 3 34 eN -
(a) Relrase anr wopert~ Kc~B the u?aebteaaes~.
(e) Coasent w the creation ot aay easement on or over the premises or anr covenanes mtrictina use or occupancy tliereof-
17. Any agreemeat hen~tter made by Mort6agor su?d Mortgagee pursuant to this m°n8age shall be wP~~°r to the rights
of the holder of any iatervenin8 uea a~~~~?a'
18. Mortaagor hereb7 waives all ri8ht of homestwd eacempcioa ia the propertY subject to this mortSaBe.
19. The owrnwts and agreemena hereia contained shall bind aad the b~enefia and advantaga s1utU inure w the rapective
heirs, executors, adaunistnton, succaaon and assigns of d?e Part~~s hereto. Whacver ~sed, the ungular number :hal1 include
the plural, the plural the singulu, and the u~e ~ aay gaider ahall be applicabk w aA gendea. All oovenants. aBreemenb and
mdertal~?nsa sball b~ Joint aad several. In the eveat additional numbered covenanb are Eor convenimce inserted in this mortBage
tollowit?8 tLe legal dacriPdon, :uch additional covenaatt ~a11 be read aad given ef[eet as thou~h foUowing this covenant in
conaccuti~ro otda.
20. An~ def'icismc~ in the amount of such aggregate mont~.17 Pal'~n~ udas made good M tt?e Mortgagor prior to
e At Moctgagee's oPtion, Mortgagor rvill
the due date oE the nact wch paYment, const?tute an event of ddault undu t6is mortgaBe-
Pa7 a"lau cbar8~„ not acceeding four per ceatum (4%) of an~ uutallment wheapa~ d more than fdteen (1S~) days aEter the
due dau thereoE to oovu the actra e:pease invo}ved in handlu?S delin9ueat paYmenes, but such "late charge•• s4a11 not be paY+bte
~ out of the p~oc«~ oE an~ sale made w sac;sf~ ~he indebcednm secured 6erebr, unles such proceeds are sufCciwt to dischu8e the
i
~ entire iadebtedness- • -
IN ~+yI'I'I~tESS WHEREOF, che said Mortgagor.g-, ~ J•~~I' attd GEORGEITE MOREL h3s wlfe
h~~~ ,~c theii tianri S and ~e~~ s ?he day and y~ac firsc ~~n-
ed, sealed wd deliver in the presea~ e of ? " .
- !a/ 7~(~Q 2C.liiN (St~?L)
J. MO
(SawL) ,
EORG
ST TE OF F RIDA .
~ _
COUN1'Y OF ~
I, an ofCSet'au~~l~iea to take acknowledgments of deeds uwrding to the laws of t6e State of Fbrida, duly qualified and
,~~;ng, HEREBY CERTIFY that ~T~R J•~~' ~d GEORGETTE MOREL his wife
to me penonall7 known, this dar penonallr aPPear°d u?d acknowledged before me that th@Y ezecuted the foregoing Mort-
gage, and I FURTHER CERTIFY that I lmow the said perroa. g malcing said acknowledgmrnt to be the individ••~t S
~ described in and who nacueed the uid Mortsase.
GEORGETTE MOREL
AND I FURTHER CERTIFY that said -
~ ARTHUR J. MOREL ' -
u knowe w me to be the vrite oE said ~ g from bu ~ husband
and that she this dsy acl~nowledSed W and before me, teW*ate17 Part ~~dti~~~ ~ the said
Mortgage Deed for the purpa~ ~~8 ~ n~~u'~'ng her dawu and right of d , b!b?~
w the lands therein dauibed, and that she ezecuted the nme freely and voluntarily and wi~Q ~ ~aPPn"
hension or (ear of or from ber husband. y~` Jj S
6~¢ ~
1N~ WI'INESS WNEREOF, I hereunm set my Land and otficial seal at , CO~~'
~ is ~ NOVEMBER ~ 74 ` % ~ ~ ~ j
and Scace,
, .
No
~,j._ 1
~tr oo~~on a~;~ ~~~A1E Of ~LbR~DII AT 1J1it6E ':F~{~~~.
NOTANY PUBL~C 3 197a.
tA/ COIAl~ISSiQN EXP~~ ~H ~ ~Q~K~
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